American_Bankers_Association
CTFA · Question #37
An account offered by credit unions that is similar to interest paying checking accounts offered by the other financial institutions is:
The correct answer is B. Share draft account. See the full explanation below for the reasoning.
Fiduciary and Trust Activities
Question
An account offered by credit unions that is similar to interest paying checking accounts offered by the other financial institutions is:
Options
- ADeposit insurance
- BShare draft account
- CInternet bank
- DChecking and saving accounts
How the community answered
(22 responses)- A5% (1)
- B73% (16)
- C9% (2)
- D14% (3)
Topics
#share draft account#credit unions#checking accounts#depository institutions
Community Discussion
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